Gold, silver, copper, and Bitcoin—what is driving this simultaneous decline across assets ranging from safe havens to high-risk investments?

Prices of assets ranging from gold, silver, and copper to Bitcoin are witnessing a decline following the easing of geopolitical tensions and signals from the Federal Reserve that interest rates will remain high. Outflows have increased in the crypto market, while investors in the commodities market are consistently booking profits.

Assets such as gold, silver, and copper are considered "safe-haven" assets. Investors gravitate towards these assets when geopolitical tensions rise. Today, June 25, 2026, prices are falling across the board—affecting not only safe-haven assets like gold, silver, and copper but also the cryptocurrency market, which is considered high-risk. Why are the prices of everything, from safe-haven assets to risky ones, steadily declining? Why are investors panicking right now, leading them to not only book profits on gold and silver but also withdraw funds from cryptocurrencies like Bitcoin and Ethereum?

What is the reason for this major decline?

Geopolitical tensions have eased following the agreement on a peace deal between the US and Iran. Meanwhile, although the US Federal Reserve kept interest rates unchanged after its recent meeting, it signaled that rates could remain high in the near future. Expectations of rising interest rates, pressure from increasing global liquidity, and the strengthening of the US dollar are the factors behind the simultaneous decline in the prices of gold, silver, copper, and Bitcoin.

The dollar is steadily strengthening

The dollar has been steadily strengthening after the US Federal Reserve signaled that it would keep interest rates high. As the dollar strengthens, the prices of assets such as gold, silver, and Bitcoin fall, because purchasing them requires spending more dollars.

Mounting pressure on investors

Often, investors sell even safe assets to recoup significant losses incurred in a particular market.

Reasons for the decline in gold and silver prices

The reasons for this decline include the prospect of high interest rates, the strengthening of the US dollar, sustained profit-booking by investors, and a drop in demand following the Indian government's hike in import duties, alongside an easing of geopolitical tensions.

Today, the price of gold on COMEX fell below $4,000 per ounce, and the price of silver dropped below $60 per ounce. Meanwhile, in the domestic commodity market (MCX), the price of gold has settled around ₹1,41,700 per 10 grams, and the price of silver is hovering around ₹2,14,000 per kilogram.

The reason for the decline in copper prices

It is an industrial metal affected by a slowdown in global market demand. Furthermore, a decline in global demand following the release of construction-related data from China is impacting prices. However, from a long-term perspective, the demand for copper remains robust.

Increased outflow in bitcoin

You might be surprised to learn that over $6 billion has flowed out of Bitcoin in the last 30 days. Prices have been steadily declining ever since the US Federal Reserve signaled that it would keep interest rates high. Today, the price of a single Bitcoin is hovering around $60,666.

What should investors do?

Profit-booking is currently taking place in gold and silver, while outflows are rising in the crypto market. Amidst this, market experts advise investors to avoid panic selling. Investors should closely monitor market movements and wait for stability. If you invest via SIPs, this could be a favorable opportunity.